John, are you in any way related to jChart?

Mike

Thank you for your interest, before we start on the route of indicators, it will be more fruitful to first understand this unconventional concept of price forecasting.

attached is another picture, price has move down below the 1st equilibrium, and we begin the march towards the expected forecast price.

EURUSD

follow up and prediction

Dear Mr Chen,

Thanks for showing us this exceptional method and congratulations for your successful prediction.

I have a question regarding resonance.In your last chart you show the projection of 2 resonant image points(1.2386 and 1.2388),and I can see that,to do that projection,you chose 2 BPs that BOTH were within a perfect/filled distribution 1.2509-1.2480-1.2451 and 1.2468-1.2446-1.2424...Is this a necessary condition for doing the projection?

Thanks in advance and Regards.
S

Hello Simba,

thank you for your question. I will try to answer on the behalf of Mr John Chen. It is not a necessary condition to do the projection.

We can use the low or high of a vertices or a BP plus another BP to do the projection. The first point is the point of origin which can be a high/low/balance point and the 2nd point is a balance point.

Good trading to you.

- ecmf

From Mr John Chen:

Stephen Hawking 史蒂芬霍金認為Big Bang(大爆炸)發生之前,時間是不存在的!

這種說法,超過人們對時間傳統的認知,(時間早就存在),這讓很​多人一下子難以理解. 但換一個說法:[沒有事件的發生,時間是沒有意義].就和J-C​hart理論不謀而合

長期以來,金融市場上絕大多數技術分析方式都陷在對時間的迷失;​先設定時間基準,不論是以5,15,30分,小時,日,周或月為​單位,再觀察價格的行態或計算所有技術指標.

這是倒果為因有著嚴重的瑕疵


English Version:

Prof Stephen Hawking believed that prior to the Big Bang, time does not exists!
This theory sounds very far fetched compared to how we traditional view time. Put in simple terms, this merelt means if there are no event, there is no meaning to time, which dovetails perfectly with the concept of J-Chart. For a long time, most of the technical analysis are trapped in the myth of time; it first fix the time frame (5, 15 ,30, 1hr, daily or even monthly) and then either observe price patterns or use price in the calculations of indicators. This is a very serious short coming as it is akin to putting the cart before the horse.

EURUSD rebound completed

EURUSD rebound completed

equilibrium expanding

equilibrium expanding

EUR reach near bp 12668 fill the cave , high is 12667
when price fall below 12613 active sell order with stop above 12646

12667--12596---12425 however there are BPs at 12532, 12524 it is safer to exit at 12532

Done looking for publisher

making upward attemp

Test the water sell between 12474--12495
stop 12531 above

using breaking equilibrium to enter market is best approach

It is the key to locate best entry and obtain the visible target in any fee market

Attached are 4 charts of 60 days EURUSD from 5/7 through combination the last chart show the possible target and of course the most secure entry price

706 eur

710 eur reach target of bigger equilibrim shown on 706 and with fine tuning from daily equilibrium movement

Unless the last EQ penetrated upward (after cave yellow filling) soon,EUR more downward treat insight

EURUSD currently completing the equilibrium before making next move

when different size of equilibriums reach same price level a quick reverse often happen

attached are charts of Chinese index futures showing a good verification

9/05 two EQ show same target price level at 2198--2199

0n 9/06 in next chart we find a large eq also imply a target at 2200

there are 3 EQ point to same level as result we believe it is time of a quick rebound

on 9/07 it happens as expected shown in last chart

After EUR broke the previous EQ it did start it uptrend

chart show 12937 as the target

QE 3 in process meanwhile EUR loosing steam

So far the resistance held

The dotted target area takes 5 days to pave, It is little too long for an old guy like me

QE 3 in process meanwhile EUR loosing steam

It took almost 10 days to reach price target

lot of traders like to argue " it is a better stratege to trade futures long term because commission will eat you up otherwise"
As a 40 years veteran I don't agree, I like sleep well and enjoy my daily life and I believe reason is there is no reliable day trade sysrem available.

The example of Chinese Index futures is the trade I prefer

from 9:15 CTT to 11:30, one single lot get US$ 800-1,100
no bad at all for 2 hours work

Trder like to ask where is the bottom or the top of the market, with J-Chart logic we can't not really pick up high or low unless resonance effect kicks in, however target forecast is capable. such as CIF market break 2275, enforce the down trend continue with second target insight,


at time of editting LOW is 2266.8

So far the resistance held

Today we talk about resonance in day trade, however in reviewing ES with longer time frame a resonance was found as shown

Resistance and support can be found much more efficient and reliable than indictors

along with BP the entry point is visible

It proves high or low can be found only through resonance effect

Nice day trade for funds

Today TX also show using EQ as support

add missing chart

Since the EQ of previous chart held
can looking for day trade sell when new EQ breaks

the Nov. Soybean chart shows how the smaller equilibrium extend to a larger one
It is an eternal process price movement abide by

Since ES is consolidating in the lower part of EQ 139450--143100--146800
it offers sclaping opportunity